To further improve the cost assessment procedures and processes of the Department of Defense.

1. 1

   Change 1: Inserts new text on page 43, between lines 20 and 21

   InsertsPrinted page

   Inserted: (c) Technological Maturity Standards.--For purposes of the review and assessment conducted by the Director of Defense Research and Engineering in accordance with subsection (c) of section 139a of title 10, United States Code (as added by subsection (a)), a critical technology is considered to be mature--

   Inserted: (1) in the case of a major defense acquisition program that is being considered for Milestone B approval, if the technology has been demonstrated in a relevant environment; and

   Inserted: (2) in the case of a major defense acquisition program that is being considered for Milestone C approval, if the technology has been demonstrated in a realistic environment.

   Original wording

   On page 43, between lines 20 and 21, insert the following:

2. 2

   Change 2: Replaces “programs and require the disclosure of all such confidence levels;” with “programs, require that all such estimates include confidence levels compliant with such g…”

   ReplacesPage 45, line 9Printed page

   In S. 454 · Reported to Senate

   "(2) provide guidance to and consult with the Secretary of Defense, the Under Secretary of Defense for Acquisition, Technology, and Logistics, the Under Secretary of Defense (Comptroller), and the Secretaries of the military departments with respect to cost estimation in the Department of Defense in general and with respect to specific cost estimates and cost analyses to be conducted in connection with a major defense acquisition program under chapter 144 of this title or a major automated information system program under chapter 144A of this title;

   "(3) establish guidance on confidence levels for cost estimates on major defense acquisition programs[struck: ][inserted: , require that all such estimates include confidence levels compliant with such guidance, ]and require the disclosure of all such confidence levels[inserted: (including through Selected Acquisition Reports submitted pursuant to section 2432 of this title)];

   "(4) monitor and review all cost estimates and cost analyses conducted in connection with major defense acquisition programs and major automated information system programs; and

   Original wording

   On page 45, beginning on line 9, strike “programs and require the disclosure of all such confidence levels;” and insert “programs, require that all such estimates include confidence levels compliant with such guidance, and require the disclosure of all such confidence levels (including through Selected Acquisition Reports submitted pursuant to section 2432 of this title);”.

3. 3

   Change 3: Inserts new text on page 47, line 16

   InsertsPrinted page

   Inserted: The report shall include an assessment of--

   Inserted: "(A) the extent to which each of the military departments have complied with policies, procedures, and guidance issued by the Director with regard to the preparation of cost estimates; and

   Inserted: "(B) the overall quality of cost estimates prepared by each of the military departments.

   Original wording

   On page 47, line 16, add at the end the following: “The report shall include an assessment of--

4. 4

   Change 4: Inserts “Each report submitted to Congress under this subsection shall be posted on an Internet we…” on page 48, line 2

   InsertsPrinted page

   Inserted: Each report submitted to Congress under this subsection shall be posted on an Internet website of the Department of Defense that is available to the public.

   Original wording

   On page 48, line 2, add at the end the following: “Each report submitted to Congress under this subsection shall be posted on an Internet website of the Department of Defense that is available to the public.”.

Read automatically from the Congressional Record. Check the original before relying on it.

As printed